Finance
AdjustDate
adjust a non-business day according to the given convention
Calling Sequence
Parameters
Options
Description
Examples
Compatibility
AdjustDate(date, calendar, opts)
date
-
a string containing a date specification in a format recognized by ParseDate or a Date data structure
calendar
a name representing a supported calendar (e.g. Toronto, NewYork) or a calendar data structure created using the Calendar constructor
opts
(optional) equation(s) of the form option = value where option is one of convention or output; specify options for the AdjustDate command
The opts argument can contain one or more of the options shown below.
convention = Unadjusted, Preceding, ModifiedPreceding, Following, ModifiedFollowing, or MonthEndReference -- Provide business day conventions; default value is Following.
output = data or formatted -- Specify the type of output the AdjustDate command should return. If this option is set to data (default) the record containing the data information is returned. Otherwise the data is formatted using the format deduced from the original date.
The AdjustDate function adjusts a non-business day to the appropriate near business day with respect to the given convention.
The parameter date must be a date specified in any of the formats recognized by the ParseDate command.
The parameter calendar must be either a name representing a supported calendar (e.g. Toronto, NewYork) or a calendar data structure created using the Calendar constructor.
Business day (date rolling) convention specifies the algorithm used to adjust a date in case it is not a valid business day. Here are the business day conventions supported by the package.
Unadjusted
Do not adjust.
Preceding
Choose the first business day before the given holiday.
ModifiedPreceding
Choose the first business day before the given holiday unless it belongs to a different month, in which case choose the first business day after the holiday.
Following
Choose the first business day after the given holiday.
ModifiedFollowing
Choose the first business day after the given holiday unless it belongs to a different month, in which case choose the first business day before the holiday.
MonthEndReference
Choose the first business day after the given holiday; if the original date falls on the last business day of the month, result reverts to the first business day before month-end.
with⁡Finance:
Define a calendar with three holidays: September 1, 2006, September 29, 2006, and September 30, 2006.
C≔Calendar⁡Null:
Holiday1≔September 1, 2006
Holiday2≔September 29, 2006
Holiday3≔September 30, 2006
AddHoliday⁡C,Holiday1,Holiday2,Holiday3
Adjust the first holiday using various business day conventions.
AdjustDate⁡Holiday1,C,convention=Following,output=formatted
September 2, 2006
AdjustDate⁡Holiday1,C,convention=Preceding,output=formatted
August 31, 2006
AdjustDate⁡Holiday1,C,convention=ModifiedFollowing,output=formatted
AdjustDate⁡Holiday1,C,convention=ModifiedPreceding,output=formatted
AdjustDate⁡Holiday1,C,convention=MonthEndReference,output=formatted
Adjust the second holiday using various business day conventions.
AdjustDate⁡Holiday2,C,convention=Following,output=formatted
October 1, 2006
AdjustDate⁡Holiday2,C,convention=Preceding,output=formatted
September 28, 2006
AdjustDate⁡Holiday2,C,convention=ModifiedFollowing,output=formatted
AdjustDate⁡Holiday2,C,convention=ModifiedPreceding,output=formatted
AdjustDate⁡Holiday2,C,convention=MonthEndReference,output=formatted
The Finance[AdjustDate] command was introduced in Maple 15.
For more information on Maple 15 changes, see Updates in Maple 15.
See Also
Finance[AddHoliday]
Finance[AdvanceDate]
Finance[Calendar]
Finance[Calendars]
Finance[IsBusinessDay]
Finance[IsEndOfMonth]
Finance[IsHoliday]
Finance[JoinBusinessDays]
Finance[JoinHolidays]
Finance[RemoveHoliday]
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